Author Question: The third monetarist proposition asserts that in the short run, a. changes in money demand are ... (Read 77 times)

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
The third monetarist proposition asserts that in the short run,
 
  a. changes in money demand are the dominant factor causing cyclical movements in output and employment.
  b. money supply is only one of many factors resulting in cyclical movements in output and employment.
  c. money primarily influences the price level and other nominal magnitudes.
  d. None of the above

Question 2

Prices, on average, increased in the food market; the demand for food had simply grown faster than supply from the end of the Civil War in 1865 to the beginning of World War I in 1913.
 
  Indicate whether the statement is true or false



parshano

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

D

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

For a complete list of videos, visit our video library